BEIJING (Reuters) -- China will sharply increase funding from ultra-long treasury bonds in 2025 to spur business investment and consumer-boosting initiatives, a state planner official said on Friday, as Beijing ramps up fiscal stimulus to revitalize the faltering economy.
Special treasury bonds will be used to fund the "two new" initiatives, said Yuan Da, deputy secretary-general of National Development and Reform Commission (NDRC) at a press conference.
